Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...

Saudi Aramco is discussing investments in two new Indian refineries to secure future crude sales. The company is offering to supply crude volumes equivalent to three times its future stake in each ...

Ukraine claimed it hit a major oil refinery that supplies Moscow and its airports, as part of a record drone barrage ahead of talks between Kyiv and the US over a potential ceasefire. Drones hit ...

While visiting the Tehran Oil Refinery on Saturday, Mohsen Paknejad noted that it was an opportune time to visit one of the ten refineries in the country that receive crude oil and gas condensates as ...

March 20 (UPI) --Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off Iranian revenues from illicit oil sales that violate ...

JAKARTA : Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

March 10 (Reuters) - Ukraine's military said on Monday it had hit Russian oil refineries in two regions over the past two days. Ukraine's general staff said on Facebook that the strikes had ...

The US Treasury on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese “teapot”, or independent refinery, and vessels that supplied crude oil ...

which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest refineries to European cargoes of gasoline and diesel to the ...

Pakistan's oil refineries have warned the regulator that over-reliance on imported fuels without properly prioritising local production will heighten risks to the energy supply chain and may cause ...

Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its crude in the world’s fastest-growing emerging market, several ...